HEICO مع موجة استحواذ قوية

HEICO Corp. (HEI.US) هي شركة مقرها الولايات المتحدة تقوم بتصنيع المكونات والخدمات المتقدمة وخدماتها وتصميمها وتوزيعها لقطاعات الطيران والدفاع والإلكترونيات والطب والسيارات والاتصالات. منتجات HEICO الفريدة لها تطبيقات في قطاعات متخصصة من الاقتصاد. هذا العام ، أكملت الشركة سلسلة من عمليات الاستحواذ وتغلبت على مؤشر S&P 500:

• In July of this year, Heico began the acquisition of 3D Plus SA, a company with nearly 120 employees. The company manufactures 3D microeletronic products and memory used in satellites and medical equipment. Thanks to patented technologies, 3D Plus products save space and weight; the company's headquarters are located in France. HEICO is awaiting the government's decision on the acquisition, which should arrive 90 days after the deal, i.e. by October of this year. The amount of the acquisition was not disclosed;
• July also proved to be a record month in terms of the size of a single acquisition. HEICO has entered into an agreement to acquire Exxelia International for €453 million, in cash. The final deal is yet to be concluded, and the transaction will close by the end of Q1 2023. Exxelia employs nearly 2,100 Exxelia employees and is a global leader in the design, sale and manufacture of complex electronic components and rotary joint assemblies with applications in the aerospace, medical and energy industries. The Paris-based company also manufactures specialized resistors, capacitors, inductors and complex slip rings for nearly 3,000 customers worldwide;
• In early August, HEICO acquired Charter Engineering, a designer and manufacturer of RF and Microwave coaxial switches for the defense and aerospace industries. Charter is still the only manufacturer of low passive intermodulation, high-power switches. HEICO completed the acquisition of a niche segment of its dB Control subsidiary, with the giant acquiring another switch manufacturer, Paciwave, in 2021. In August, HEICO also acquired Sensor Systems, a manufacturer of aerial antennas used in military and commercial industrial applications, which employs 200 people;
• On September 1, news was received of the acquisition of a stake in Ironwood Electronics, a manufacturer of test sockets and adapters used in semiconductor manufacturing. The company's products are used in front of chip manufacturers for testing under critical operating conditions. Ironwood offers the industry's smallest area of so-called contact pins (up to 10,000 pins at 0.2 mm intervals);
• HEICO's main customers are space (including NASA) and military agencies from around the world, as well as most airlines and major repair facilities. Despite the slowdown in the global economy, the ROCE (return on invested capital) for HEICO's scaling operations looked decidedly better against competitors in the U.S. Aerospace&Defence industry, at 13% versus an industry average of 8.8% (data through July 2022). Capital invested in company's operations over the past five years has increased by 72%; 
• The company's strategy appears to be to consolidate its influence in niche sectors that are key to strategic segments of the economy. For example, the production of some vehicles, machinery or components would not be possible without the individual advanced parts supplied by HEICO. For many years, the company has been one of the primary parts service providers for NASA and airlines like Lufthansa and American Airlines. For many years, Heico Sportiv has also been working with automaker Volvo, supplying mechanical and electronic parts for the Swedish premium cars producer.

أسهم Heico (HEI.US) ، فاصل D1. كانت أسهم الشركة في اتجاه صعودي قوي منذ مارس 2020 ، بعد أن اكتسبت ما يقرب من 300 ٪ منذ ذلك الحين. ارتفع السعر مع بدء تحسن المعنويات حول صناعة الطيران ، مما عزز الطلب على الخدمة واستبدال قطع الغيار. منذ بداية عام 2022 ، ارتفعت أسهم Heico بنسبة 5٪ تقريبًا ، متغلبًا إلى حد بعيد على غالبية الشركات في مؤشرات S & P500 و NASDAQ والعمالقة مثل Apple و Microsoft ، التي فقدت أكثر من 10٪ من تقييمات سوق الأسهم لديها منذ بداية السنة. الأهم من ذلك ، كان أداء سعر السهم جيدًا على الرغم من ارتفاع معدلات التقييم الأساسية. أصبحت نسبة السعر إلى الأرباح (P / E Ratio) في Heico الآن أكثر من 60 نقطة ، ونسبة السعر إلى القيمة الدفترية (P / B Ratio) هي 8.3. وبالمقارنة ، فإن متوسط ​​مؤشر السعر والعائد لمؤشر S & P500 يبلغ حوالي 19.7 مع مضاعف السعر / الربحية 3.9. تحتفظ الشركة بنسب عالية على الرغم من وجود رأس مال صغير نسبيًا في حدود 18 مليار دولار ، مما يشير إلى التأثير الكبير لجودة العلامة التجارية ومكانتها وأهميتها في السوق التي تتجسد في تقييمات سوق الأسهم. أكملت الشركة سلسلة من العشرات من عمليات الاستحواذ الاستراتيجية التي جمعت مصنعي التقنيات المتخصصة لقطاعات الفضاء والدفاع والسيارات والفضاء والصناعة. المصدر: xStation5